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AsiaElec covers utility-scale power developments and policy across all main industry sectors, including coal and gas-fired thermal power, nuclear, renewables, hydro, combined heat and power (CHP), transmission, grid and storage. It also covers the closely interlinked coal-mining sector.
AsiaElec reports on project investment and approval, providing news and intelligence on key developments. This is ideal, not only for investors, developers and competitors, but for service, infrastructure and construction companies, who benefit from knowing where best to make their next key move in a rapidly developing market.
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Russia talks up exporting hydrogen to Japan
Russia aims to export hydrogen to Japan as it joins the global race to decarbonise
Clean break needed for Philippines’ power sector after coal moratorium
The Philippines’ moratorium on new greenfield coal power plants, announced in October, marks a clear break with past policies and will allow considerable modernisation and new technology.
Mainstream secures partner for 500-MW Ben Tre offshore wind farm in Vietnam
Irish-based developer Mainstream Renewable Power has teamed up with local investor and contractor Advance Information Technologies (AIT) to build a 500-MW offshore wind project in Vietnam’s Ben Tre Province.
Vestas buys 50% stake in MHI
Denmark’s Vestas has bought Mitsubishi Heavy Industries’ (MHI) 50% stake in their MHI Vestas Offshore Wind (MVOW) joint venture in a swap deal that will see MHI taking a 2.5% stake in Vestas.
Philippines announces moratorium on new coal power
The Philippines has imposed a moratorium on the licensing of new coal power plants, with Philippines Energy Secretary Alfonso Cusi saying that renewables would now drive the country’s energy future.
Wind, solar to dominate by 2050, but fossil fuels persist
Wind and solar PV will meet 56% of world electricity demand by 2050, BloombergNEF found in its 2020 New Energy Outlook (NEO).
South Korea commits to net zero
South Korea has joined Japan and China is setting the 2050 carbon neutral target
Vestas wins 50-MW onshore turbine order in Vietnam
Vestas has secured a 50-MW turbine order from local Vietnamese developer Ia Bang Wind Power Joint Stock Company.
Australian green hydrogen project eyes industrial consumers
SA’s Thabametsi coal project in severe doubt as Kepco withdraws from coal
South Africa’s 630-MW Thabametsi coal-fired power plant faces an uncertain future after its main contractor, South Korea’s Kepco, said that it would no longer invest in new overseas coal power ventures.
Voith Hydro Shanghai to supply turbines for Pakistan’s 800-MW Mohmand Dam
Voith Group’s Chinese subsidiary Voith Hydro Shanghai (VHS) has won an 800-MW order from China Gezhouba Group Corp. (CGGC) to supply four 200-MW Francis turbine generator units for Pakistan’s flagship Mohmand Dam hydropower plant.
Marubeni, CEP.Energy begins development of battery-based virtual power plant
SmartestEnergy Australia, owned by Japan’s Marubeni, has signed a memorandum of understanding with Australian renewables fund CEP.Energy to embark on the creation of one of the world’s largest energy battery banks.
Japan makes plans for net zero pledge for 2050
Japan’s government will next week pledge to reduce greenhouse gas emissions to net zero by 2050, Nikkei reported on October 21.
India to close polluting coal power plants
Indian Environment, Forests and Climate Change Minister Prakash Javadekar has said that the government aims to identify and close 60-70 coal power plants over the next two years as Prime Minister Narendra Modi’s government tackles pollution.
Solar to drive 58% growth in Asia-Pacific renewables by 2025
Renewable capacity in the Asia-Pacific region is set to rise by 60% to 815 GW by 2025, with solar power surpassing wind as the main driver of growth.
Philippines lifts upstream moratorium in disputed waters
The Philippines has lifted a six-year moratorium on exploration in disputed waters of the South China Sea in response to growing concerns over the country’s future energy security.
Samsung regrets involvement with Vietnam’s Vung Ang 2
Samsung executives have told the South Korean parliament that its reputation has been damaged by its involvement in building the 1,200-MW Vung Ang 2 coal-fired power plant in Vietnam.
China’s net zero goal to cost $5 trillion
China would need to invest over $5 trillion if it is to achieve its recently announced goal of net zero emissions by 2060.
Vestas wins order for ninth intertidal wind project in Vietnam
Vestas has secured an order for seven of its V150-4.2 MW turbines for the 29-MW Soc Trang 7 wind farm in Vietnam.
Solar crowned king of global energy markets
Solar may now be the cheapest source of electricity in history, but the IEA has called on governments to invest more in renewables or risk missing the Paris Agreement goals
ENERCON to supply first 5.5-MW turbines for largest onshore wind farm in Vietnam
Germany’s ENERCON is to supply its first E-160 EP5 E2 wind turbines to Vietnam’s 400-MW Ea Nam wind farm.
JERA to close inefficient coal-fired plants by 2030
Japan's biggest power generator JERA is to close the coal-fired power plants it views as inefficient by 2030 as part of wider plans to achieve net zero emissions of carbon dioxide by 2050.
Vietnamese LNG projects move forward
The Vietnamese city of Haiphong has approved two LNG-to-power projects that are estimated to cost a combined $7bn.
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